Linde PLC $LIN Stock Purchased by Summit Global Investments

Posted by Geri Gentry on Nov 2nd, 2026

Summit Global Investments grew its stake in shares of Linde PLC (NASDAQ:LIN – Free Report) by 79.7% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 2,502 shares of the basic materials company’s stock after purchasing an additional 1,110 shares during the period. Summit Global Investments’ holdings in Linde were worth $1,188,000 as of its most recent SEC filing.

Other large investors have also recently modified their holdings of the company. Atwood & Palmer Inc. raised its stake in Linde by 12.9% in the second quarter. Atwood & Palmer Inc. now owns 175 shares of the basic materials company’s stock worth $91,000 after buying an additional 20 shares in the last quarter. Valmark Advisers Inc. boosted its position in Linde by 0.5% during the 1st quarter. Valmark Advisers Inc. now owns 4,159 shares of the basic materials company’s stock valued at $2,062,000 after acquiring an additional 22 shares in the last quarter. Principia Wealth Advisory LLC grew its holdings in shares of Linde by 74.2% during the 2nd quarter. Principia Wealth Advisory LLC now owns 54 shares of the basic materials company’s stock worth $28,000 after acquiring an additional 23 shares during the period. Towercrest Capital Management grew its holdings in shares of Linde by 2.8% during the 3rd quarter. Towercrest Capital Management now owns 918 shares of the basic materials company’s stock worth $436,000 after acquiring an additional 25 shares during the period. Finally, Creative Capital Management Investments LLC grew its holdings in shares of Linde by 55.6% during the 3rd quarter. Creative Capital Management Investments LLC now owns 70 shares of the basic materials company’s stock worth $33,000 after acquiring an additional 25 shares during the period. Institutional investors own 82.80% of the company’s stock.

Trending Headlines about Linde

Here are the key news stories impacting Linde this week:

Positive Sentiment: Q3 results exceeded expectations: Adjusted EPS was $4.59, above the $4.52 consensus and up 9% year over year, while sales rose 9.3% to $9.40 billion, topping the $9.16 billion estimate. Linde Reports Third-Quarter 2026 Results
Positive Sentiment: Growth drivers remain intact: Higher pricing, volume growth in the Americas, strong electronics demand and AI-related semiconductor investment supported the quarter. Management also cited a $7.9 billion project backlog, providing visibility into future growth. LIN Q3 Earnings Call Highlights Restructuring and Growth Outlook
Positive Sentiment: Analysts raised their valuation targets: Barclays lifted its target from $577 to $591 and maintained an “overweight” rating, while RBC raised its target from $549 to $568 and upgraded or maintained an “outperform” view. The revisions signal continued confidence in Linde’s earnings durability and growth prospects.
Neutral Sentiment: Underlying performance was stronger than reported GAAP results: GAAP net income declined 12% because of purchase-accounting effects and restructuring-related items, but adjusted net income increased 7% to $2.12 billion. Linde plc Q3 2026 Earnings Call Summary
Negative Sentiment: Restructuring and near-term uncertainty temper the outlook: Linde expects a $425 million restructuring charge and guided fourth-quarter EPS to $4.40–$4.50. Uneven industrial demand, margin pressure and an evaluation of options for Lincare could limit near-term upside.

Analysts Set New Price Targets

Several research analysts have recently issued reports on the company. The Goldman Sachs Group set a $580.00 target price on Linde and gave the stock a “buy” rating in a research report on Monday, August 10th. Evercore lifted their price target on Linde from $515.00 to $525.00 and gave the company an “outperform” rating in a research report on Wednesday, August 12th. Mizuho set a $583.00 price target on Linde in a research note on Thursday. Barclays upped their price target on Linde from $577.00 to $591.00 and gave the stock an “overweight” rating in a research note on Friday. Finally, Jefferies Financial Group increased their price objective on Linde from $535.00 to $560.00 and gave the stock a “buy” rating in a report on Monday, August 3rd. One research analyst has rated the stock with a Strong Buy rating, twenty-one have assigned a Buy rating and two have given a Hold rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $550.14.

View Our Latest Stock Analysis on Linde

Linde Stock Performance

NASDAQ:LIN opened at $514.24 on Monday. The firm has a market capitalization of $237.05 billion, a P/E ratio of 34.17, a PEG ratio of 3.00 and a beta of 0.71. The company has a debt-to-equity ratio of 0.50, a current ratio of 0.86 and a quick ratio of 0.72. Linde PLC has a one year low of $387.78 and a one year high of $548.20. The company’s 50-day simple moving average is $483.53 and its 200 day simple moving average is $492.35.

Linde (NASDAQ:LIN – Get Free Report) last announced its earnings results on Thursday, October 29th. The basic materials company reported $4.59 earnings per share for the quarter, beating analysts’ consensus estimates of $4.52 by $0.07. Linde had a net margin of 19.34% and a return on equity of 20.32%. The business had revenue of $9.40 billion during the quarter, compared to the consensus estimate of $9.16 billion. During the same quarter last year, the firm earned $4.21 earnings per share. The business’s revenue for the quarter was up 9.3% on a year-over-year basis. As a group, analysts forecast that Linde PLC will post 17.88 EPS for the current fiscal year.

Linde Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, December 17th. Investors of record on Thursday, December 3rd will be paid a $1.60 dividend. The ex-dividend date is Thursday, December 3rd. This represents a $6.40 annualized dividend and a dividend yield of 1.2%. Linde’s dividend payout ratio is presently 42.52%.

Linde Company Profile

(Free Report)

Linde plc (NASDAQ:LIN) is a global industrial gases and engineering company. It produces and distributes atmospheric gases such as oxygen, nitrogen and argon, as well as hydrogen, helium, carbon dioxide and specialty gases. The company serves customers through packaged gases, bulk deliveries, on-site production and pipeline systems.

Linde’s products and services support a broad range of industries, including healthcare, food and beverage, manufacturing, chemicals, energy, refining, electronics and metals.